DOCSLIB.ORG

Actions of the Board, Its Staff, and the Federal Reserve Banks; Applications and Reports Received

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text

Load more

Federal Reserve Release H.2 Actions of the Board, Its Staff, and the Federal Reserve Banks; Applications and Reports Received No. 44 Week Ending October 31, 1998 Board of Governors of the Federal Reserve System, Washington, DC 20551 H.2 Board Actions October 25, 1998 to October 31, 1998 Bank Holding Companies Charter One Financial, Inc., Cleveland, Ohio, and Charter-Michigan Bancorp, Inc. -- to acquire ALBANK Financial Corporation, Albany, New York, and ALBANK Commercial; to acquire the nonbanking subsidiaries of ALBANK Financial Corporation; and to retain some of Charter One's nonbanking subsidiaries. - Approved, October 28, 1998 Firstar Corporation, Milwaukee, Wisconsin -- to merge with Star Banc Corporation, Cincinnati, Ohio, and acquire Star Bank, N.A. - Approved, October 28, 1998 SunTrust Banks, Inc., Atlanta, Georgia -- to acquire Crestar Financial Corporation, Richmond, Virginia, and Crestar Bank, and to acquire the nonbanking subsidiaries of Crestar Financial Corporation. - Approved, October 28, 1998 U.S. Bancorp, Minneapolis, Minnesota -- to acquire Northwest Bancshares, Inc., Vancouver, Washington, and Northwest National Bank. - Approved, October 26, 1998 Regulations And Policies Basle Committee on Banking Supervision -- interpretation of the Basle framework for capital adequacy concerning instruments eligible for inclusion in Tier 1 capital. - Announced, October 27, 1998 Reserve Bank Services Net Settlement Services -- final action to enhance Federal Reserve net settlement services (Docket No. R-0974). - Approved, October 29, 1998 (AC) = Addition or Correction Board - Page 1 of 1 H.2 Actions under delegated authority October 25, 1998 to October 31, 1998 BS&R Banking Supervision and Regulation RBOPS Reserve Bank Operations and Payment C&CA Consumer and Community Affairs IF International Fiance FOMC Federal Open Market Committee OSDM Office of Staff Director for Management Bank Branches, Domestic Chicago Comerica Bank, Detroit, Michigan -- to establish a branch at 5270 Eastern Avenue, S.E., Grand Rapids, Michigan. - Approved, October 28, 1998 Kansas City Eaton Bank, Eaton, Colorado -- to establish a branch at 3598 State Highway 119, Longmont, Colorado. - Approved, October 26, 1998 New York European American Bank, Uniondale, New York -- to establish a branch at Waldbaum's Supermarket, 5500 Sunrise Highway, Massapequa, New York. - Approved, October 26, 1998 Atlanta Fifth Third Bank of Florida, Naples, Florida -- to establish a branch at 5636 Tavilla Circle. - Approved, October 26, 1998 Richmond Metro-County Bank of Virginia, Inc., Mechanicsville, Virginia -- to establish a branch at 2801 Parham Road, Richmond, Virginia. - Approved, October 27, 1998 Bank Holding Companies Chicago Ambank Holdings, Inc., Davenport, Iowa -- to acquire American Bank and Trust Company. - Approved, October 29, 1998 (AC) = Addition or Correction Delegated - Page 1 of 12 H.2 Actions under delegated authority October 25, 1998 to October 31, 1998 Bank Holding Companies St. Louis Area Bancshares Corporation, Owensboro, Kentucky -- to acquire through merger Peoples Bancorp of Winchester, Inc., Winchester, Kentucky, and Peoples Commercial Bank. - Approved, October 29, 1998 Chicago Arenzville Bancorp, Inc., Arenzville, Illinois -- to acquire First National Bank of Arenzville. - Approved, October 28, 1998 St. Louis Arvest Bank Group, Inc., Bentonville, Arkansas -- to acquire shares of TRH Bank Group, Inc., Norman, Oklahoma. - Approved, October 29, 1998 Atlanta CCB Bancshares, Inc., Hahira, Georgia -- to acquire The Remerton Agency, Inc., Remerton, Georgia, d/b/a Star Insurance Agency, and engage in general insurance activities in a town with a population of less than 5000. - Withdrawn, October 30, 1998 Chicago Community Bancshares Corp., Indianola, Iowa -- to acquire Fort Des Moines Community Bank, Des Moines, Iowa. - Approved, October 29, 1998 Atlanta Community National Bank Corporation, Venice, Florida -- to acquire Community Advisory Services, Inc.; Community Financial Centers, Inc.; and Community Investment Centers, Inc.; and engage in investment advisory, securities brokerage, and financial advisory services. - Approved, October 28, 1998 Secretary First Citizens Bancshares, Inc., Dyersburg, Tennessee -- to acquire First Volunteer Corporation, Union City, Tennessee, and First Volunteer Bank. - Approved, October 29, 1998 (AC) = Addition or Correction Delegated - Page 2 of 12 H.2 Actions under delegated authority October 25, 1998 to October 31, 1998 Bank Holding Companies San Francisco First Coastal Bancshares, El Segundo, California, and California Community LLC, Los, Angeles, California -- waiver of application to acquire American Independent Bank, N.A., Gardena, California. - Granted, October 27, 1998 Chicago Grabill Bancorp, Grabill, Indiana -- to acquire Grabill Bank. - Approved, October 28, 1998 New York Greene County Bancorp, MHC, Catskill, New York, and Greene County Bancorp, Inc. -- to acquire Greene County Savings Bank. - Approved, October 29, 1998 Richmond Mid-Atlantic Community BankGroup, Inc., Gloucester, Virginia -- to merge with United Community Bankshares, Inc., Franklin, Virginia. - Approved, October 29, 1998 Boston Mutual Bancorp of the Berkshires, Inc., Pittsfield, Massachusetts -- to engage in certain trust activities through the acquisition of shares of Trust Company of the Berkshires, N.A. - Approved, October 26, 1998 New York Oneida Financial, MHC, Oneida, New York, and Oneida Financial Corp. -- to acquire Oneida Savings Bank. - Approved, October 29, 1998 Atlanta OSG Investments, Inc., Tallahassee, Florida -- to acquire Florida Citizens Bank, Ocala, Florida. - Approved, October 29, 1998 (AC) = Addition or Correction Delegated - Page 3 of 12 H.2 Actions under delegated authority October 25, 1998 to October 31, 1998 Bank Holding Companies Secretary SouthTrust Corporation, Birmingham, Alabama -- to engage in underwriting and dealing in, to a limited extent, certain unrated municipal revenue bonds and private ownership industrial development bonds for certain government utility services through SouthTrust Securities, Inc.. - Approved, October 27, 1998 Atlanta Synovus Financial Corporation, Columbus, Georgia -- to acquire Georgia Bank & Trust Company, Calhoun, Georgia. - Approved, October 29, 1998 New York United Overseas Bank Limited, Singapore -- to engage through UOB Global Capital LLC, a Delaware Limited Liability Company, in performing activities of an agency or custodial nature that may be performed by a trust company and providing financial and investment advisory services. - Approved, October 22, 1998 (AC) New York Valley National Bancorp, Wayne, New Jersey -- to acquire shares of Vista Bancorp, Inc., Phillipsburg, New Jersey. - Approved, October 29, 1998 Bank Mergers Cleveland Citizens Banking Company, Salineville, Ohio -- to merge with Century National Bank & Trust Company, Rochester, Pennsylvania, and establish branches. - Approved, October 27, 1998 Secretary Security Bank, Ralls, Texas -- to merge with First State Bank, Petersburg, Texas, and establish a branch at the current site of First State Bank's main office. - Approved, October 26, 1998 (AC) = Addition or Correction Delegated - Page 4 of 12 H.2 Actions under delegated authority October 25, 1998 to October 31, 1998 Banks, Nonmember, And Miscellaneous Institutions Director, BS&R Banque Nationale de Paris, New York Branch, New York, New York -- transfer agent registration. - Approved, October 27, 1998 Dallas Kraft America Credit Union, Garland, Texas -- deregistration under Regulation U. - Approved, October 27, 1998 Banks, State Member Atlanta Bank at Ormond-by-the-Sea, Ormond Beach, Florida -- waiver of commitment concerning certain investment securities. - Granted, October 23, 1998 (AC) Kansas City First United Bank, Neligh, Nebraska -- to declare a dividend. - Approved, October 28, 1998 St. Louis Peoples Bank and Trust Company of Lincoln County, Troy, Missouri -- to acquire certain assets and assume the liabilities of Winfield Banking Company, Winfield, Missouri, and retain its facility at 103 Pine Street as a full service branch. - Approved, October 28, 1998 Atlanta Republic Security Bank, West Palm Beach, Florida -- to acquire certain assets and assume certain liabilities of two branches of House Bank, F.S.B., Wood Dale, Illinois, located at 777 South Harbour Island Boulevard, Tampa, Florida, and 400 North Bumby Avenue, Orlando. - Approved, October 28, 1998 (AC) = Addition or Correction Delegated - Page 5 of 12 H.2 Actions under delegated authority October 25, 1998 to October 31, 1998 Banks, State Member St. Louis Winfield Bank, Winfield, Missouri -- to purchase certain assets and assume the liabilities of the Kahoka, Palmyra, and Monroe City, Missouri, branches of Allegiant Bank, St. Louis; relocate Winfield Bank's main office to 249 N. Morgan Street, Kahoka; and retain the acquired facilities at 423 Elizabeth Avenue, Palmyra, and 8 Mark Twain Center, Monroe City, as full service branches. - Approved, October 28, 1998 Capital Stock Minneapolis Goose River Holding Company, Mayville, North Dakota -- redemption of shares. - Approved, October 29, 1998 Change In Bank Control St. Louis First Sandoval Bancorp, Inc., Sandoval, Illinois -- change in bank control. - Permitted, October 30, 1998 Kansas City InterBank, Inc., Sayre, Oklahoma -- change in bank control. - Permitted, October 28, 1998 Minneapolis Kelliher Bancshares, Inc., Kelliher, Minnesota -- change in bank control. - Permitted, October 26, 1998 Minneapolis Plainview Bancshares, Inc., Plainview, Minnesota
Recommended publications
  • Federal Register / Vol. 60, No. 18 / Friday, January 27, 1995 / Notices

    Federal Register / Vol. 60, No. 18 / Friday, January 27, 1995 / Notices

    5396 Federal Register / Vol. 60, No. 18 / Friday, January 27, 1995 / Notices Citizens National Bancshares, Inc., Board of Governors of the Federal Reserve in providing data processing and related Hammond, Louisiana, and thereby System, January 23, 1995. services for Applicant's subsidiaries: indirectly acquire Citizens National Jennifer J. Johnson, AmericanMidwest Bank & Trust, Bank, Hammond, Louisiana. Deputy Secretary of the Board. Melrose Park, Illinois, and American 2. SouthTrust Corporation, [FR Doc. 95±2053 Filed 1±26±95; 8:45 am] National Bank of DeKalb County, Birmingham, Alabama, and SouthTrust BILLING CODE 6210±01±F Sycamore, Illinois, and also Applicant's of Mississippi, Biloxi, Mississippi; to affiliate bank: First Bank of merge with CNB Capital Corporation, Schaumburg, Inc., Schaumburg, Illinois, Pascagoula, Mississippi, and thereby National Bancorp, Inc.; Notice of pursuant to § 225.25(b)(7) of the Board's indirectly acquire Citizens National Application to Engage de novo in Regulation Y. Bank, Pascagoula, Mississippi. Permissible Nonbanking Activities Board of Governors of the Federal Reserve 3. Royal Bank Group of Acadiana System, January 23, 1995. Partnership, Lafayette, Louisiana; to The company listed in this notice has filed an application under § 225.23(a)(1) Jennifer J. Johnson, become a bank holding company by Deputy Secretary of the Board. acquiring 32 percent of LBA Bankgroup of the Board's Regulation Y (12 CFR [FR Doc. 95±2054 Filed 1±26±95; 8:45 am] Inc., Lafayette, Louisiana, which will 225.23(a)(1)) for the Board's approval change its name to Royal Bankgroup of under section 4(c)(8) of the Bank BILLING CODE 6210±01±F Acadiana Inc., Lafayette, Louisisna, and Holding Company Act (12 U.S.C.
  • H.2 Actions of the Board, Its Staff, and The

    H.2 Actions of the Board, Its Staff, and The

    ANNOUNCEMENT H.2, 1995, No. 17 Actions of the Board, its Staff, and BOARD OF GOVERNORS the Federal Reserve Banks; OF THE Applications and Reports Received FEDERAL RESERVE SYSTEM During the Week Ending April 29, 1995 ACTIONS TAKEN BY THE BOARD OF GOVERNORS TESTIMONY AND STATEMENTS One-dollar coin for the current one-dollar banknote - - statement by Governor Kelley to the Subcommittee on Domestic and International Monetary Policy of the House Committee on Banking and Financial Services, May 3, 1995. Authorised, April 28, 1995. BANK HOLDING COMPANIES Illinois Financial Services, Inc., Chicago, Illinois -- request for reconsideration of Board’s approval of application to acquire Archer Financial Corporation, Archer National Bank, and Chicago National Bank. Denied, April 24, 1995. BANK MERGERS Premier Bank, Inc., Wytheville, Virginia -- to acquire certain assets and assume certain liabilities of four branches of NationsBank of Virginia, N.A., Richmond, Virginia, and to establish branches. Approved, April 24, 1995. BANKS. FOREIGN Banco Frances del Rio de la Plata S.A., Buenos Aires, Argentina -- to establish a representative office in New York, New York. Approved, April 24, 1995. Farmers Bank of China, Taipei, Taiwan -- to establish a state'licensed, limited branch in Los Angeles, California. Approved, April 24, 1995. INTERNATIONAL OPERATIONS Chemical Bank, New York, New York -- to make an investment in Chemical Investment Bank Limited, London, England. Permitted, April 28, 1995. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis H 2 APRIL 24, 1995 TO APRIL 28, 1995 PAGE 2 ACTIONS TAKEN BY THE BOARD OF GOVERNORS REGULATIONS AND POLICIES Public welfare investments by state member banks delegation of authority to Federal Reserve Banks to approve certain public welfare investments (Docket R-0877).
  • U.S. SBA Office of Advocacy--Small and Micro Business Lending For

    U.S. SBA Office of Advocacy--Small and Micro Business Lending For

    Office of Advocacy www.sba.gov/advo Advocacy: the voice of small business in government Small Business and Micro Business Lending in the United States for Data Years 2008-2009 Office of Advocacy U.S. Small Business Administration December 2010 Created by Congress in 1976, the Office of Advocacy of the U.S. Small Business Administration (SBA) is an independent voice for small business within the federal government. Appointed by the President and confirmed by the U.S. Senate, the Chief Counsel for Advocacy directs the office. The Chief Counsel advances the views, concerns, and interests of small business before Congress, the White House, federal agencies, federal courts, and state policy makers. Economic research, policy analyses, and small business outreach help identify issues of concern. Regional Advocates and an office in Washington, D.C., support the Chief Counsel’s efforts. For more information on the Office of Advocacy, visit www.sba.gov/advo or call (202) 205-6533. Receive email notices of new Office of Advocacy information by signing up on Advocacy’s Listservs at http://web.sba.gov/list. þ ADVOCACY NEWSLETTER þ ADVOCACY PRESS þ ADVOCACY REGULATORY NEWS þ ADVOCACY RESEARCH Foreword This edition of the Office of Advocacy’s annual study of lending to small and micro businesses by most depository institutions in the United States continues the expanded coverage of previous editions. In addition to banks, other depository institutions such as federal and state savings banks and savings and loan associations are included. Geographic coverage includes the United States and its territories. The two types of data used in this study are based on reports made by depository institutions to their respective regulating agencies—Call Reports for June 2009 and Community Reinvestment Act (CRA) reports for 2008.
  • U.S. Bancorp 2009 Annual Report U.S. B Anco Rp 20 09 a Nn Ua L Re

    U.S. Bancorp 2009 Annual Report U.S. B Anco Rp 20 09 a Nn Ua L Re

    (1,1) -1- 090314 USB_09AR_cover.indd 2/25/10 3:34:19 PM Quality Strength Leadership U.S. Bancorp U. S. B anco rp 2009 20 09 Annual Report Annual A nn ua l Re po rt 090314 USB_09AR_cover.indd 1 22/25/10/25/10 33:34:18:34:18 PPMM (1,1) -2- 090314 USB_09AR_cover.indd 2/25/10 3:34:47 PM U.S. Bancorp At A Glance Corporate I Ranking U.S. Bank is 5th largest U.S. commercial bank Asset size $281 billion Executive Offi ces U.S. Bancorp Deposits $183 billion 800 Nicollet Mall Loans $195 billion Minneapolis, MN 55 Customers 17.2 million Payment services and merchant processing International Common Stock T and Registrar Wholesale banking and trust services National BNY Mellon Shareow Consumer and business banking our transfer agent a and wealth management Regional paying agent and di Bank branches 3,002 plan administrator, a shareholder records ATMs 5,148 Inquiries related to s NYSE symbol USB stock transfers, cha At year-end December 31, 2009 lost stock certificate and dividend payme to the transfer agent Sustainability Corporate Profi le BNY Mellon Shareow P.O. Box 358015 This annual report was printed at U.S. Bancorp is a diversified financial services Pittsburgh, PA 1525 Hennegan, a company committed Phone: 888-778-13 to sustaining a healthy and safe holding company and the parent company of 201-680-6578 (inter environment by exceeding regulatory Internet: bnymellon. and environmental requirements as U.S. Bank National Association, the fi fth-largest defi ned by local, state and federal commercial bank in the United States.
  • Federal Register / Vol. 62, No. 217 / Monday, November 10, 1997 / Notices 60513

    Federal Register / Vol. 62, No. 217 / Monday, November 10, 1997 / Notices 60513

    Federal Register / Vol. 62, No. 217 / Monday, November 10, 1997 / Notices 60513 Vice President) 100 North 6th Street, Company, Wilmington, Delaware; to sale to (or purchase from) a customer, Philadelphia, Pennsylvania 19105-1521: merge with Harrisburg Bancshares, Inc., subject to the limitations and 1. PSB Bancorp, Inc., Philadelphia, Houston, Texas, and thereby indirectly conditions, pursuant to § 225.28(b)(7)(ii) Pennsylvania; to become a bank holding acquire Harrisburg Bancshares, Inc., of the Board's Regulation Y, and acting company by acquiring 100 percent of Reno, Nevada, and Harrisburg Bank, as agent for the private placement of the voting shares of Pennsylvania Houston, Texas. securities, pursuant to § 225.28(b)(7)(iii) Savings Bank, Philadelphia, Board of Governors of the Federal Reserve of the Board's Regulation Y. Pennsylvania. System, November 5, 1997. 2. The Bank of Nova Scotia, Toronto, B. Federal Reserve Bank of Jennifer J. Johnson, Ontario, Canada; to acquire Iron Richmond (A. Linwood Gill III, Deputy Secretary of the Board. Mountain Depository Corporation, New Assistant Vice President) 701 East Byrd York, New York, and thereby engage in [FR Doc. 97±29643 Filed 11±7±97; 8:45 am] Street, Richmond, Virginia 23261-4528: buying, selling and storing bars, rounds, 1. Eastern Virginia Bankshares, Inc., BILLING CODE 6210±01±F bullion, and coins of gold, silver Tappahannock, Virginia; to become a platinum, palladium, copper, and any bank holding company by acquiring 100 FEDERAL RESERVE SYSTEM other metal approved by the Board, for percent of the voting shares of company's own account and the Southside Bank, Tappahannock, Notice of Proposals To Engage in account of others, and providing Virginia, and Bank of Northumberland, Permissible Nonbanking Activities or incidential services such as arranging Incorporated, Heathsville, Virginia.
  • Actions of the Board, Its Staff, and the Federal Reserve Banks; Applications and Reports Received

    Actions of the Board, Its Staff, and the Federal Reserve Banks; Applications and Reports Received

    Federal Reserve Release H.2 Actions of the Board, Its Staff, and the Federal Reserve Banks; Applications and Reports Received No. 35 Week Ending August 31, 2002 Board of Governors of the Federal Reserve System, Washington, DC 20551 H.2 Board Actions August 25, 2002 to August 31, 2002 Regulations And Policies Financial System Resilience -- request for comment on a Draft Interagency White Paper on Sound Practices to Strengthen the Resilience of the U.S. Financial System (Docket No. R-1128). - Approved, August 22, 2002 (AC) (AC) = Addition or Correction Board - Page 1 of 1 H.2 Actions under delegated authority August 25, 2002 to August 31, 2002 BS&R Banking Supervision and Regulation RBOPS Reserve Bank Operations and Payment Systems C&CA Consumer and Community Affairs IF International Finance FOMC Federal Open Market Committee OSDM Office of Staff Director for Management Bank Branches, Domestic Secretary AmSouth Bank, Birmingham, Alabama -- to establish a branch at 1415 West 5th Street, Laurel, Mississippi. - Approved, August 27, 2002 Secretary AmSouth Bank, Birmingham, Alabama -- to establish branches at 2531 John Hawkins Parkway, Hoover; 8455 Tuttle Avenue, Sarasota, Florida; 2320 South U.S. Highway 77, Lynn Haven; and 200 Grand Boulevard, Destin. - Approved, August 30, 2002 Dallas Community Bank, Granbury, Texas -- to establish a branch at 6224 Colleyville Boulevard, Suite B, Colleyville. - Approved, August 28, 2002 Cleveland Fifth Third Bank, Cincinnati, Ohio -- to establish a branch at 2211 Hayes Avenue, Sandusky. - Approved, August 27, 2002 Chicago First Banking Center, Burlington, Wisconsin -- to establish a branch at the intersection of State Highways 81 and 23, Darlington.
  • Federal Register/Vol. 63, No. 164/Tuesday, August 25, 1998/Notices

    Federal Register/Vol. 63, No. 164/Tuesday, August 25, 1998/Notices

    Federal Register / Vol. 63, No. 164 / Tuesday, August 25, 1998 / Notices 45247 indicated. The application also will be and thereby engage in making and or the offices of the Board of Governors available for inspection at the offices of servicing loans, pursuant to § not later than September 8, 1998. the Board of Governors. Interested 225.28(b)(1) of Regulation Y; Money A. Federal Reserve Bank of Chicago persons may express their views in Station, Inc., Columbus, Ohio, and (Philip Jackson, Applications Officer) writing on the standards enumerated in thereby engage in data processing, 230 South LaSalle Street, Chicago, the BHC Act (12 U.S.C. 1842(c)). If the pursuant to § 225.28(b)(14)(i) of Illinois 60690-1413: proposal also involves the acquisition of Regulation Y; and DJJ Leasing Limited, a nonbanking company, the review also Cincinnati, Ohio, and thereby engage in 1. Advance Bancorp, Inc., includes whether the acquisition of the leasing personal or real property, Homewood, Illinois to engage de novo nonbanking company complies with the pursuant to § 225.28(b)(4) of Regulation through its subsidiary, Advance standards in section 4 of the BHC Act. Y. Applicant also applied to acquire an Bancorp, Inc., Homewood, Illinois, in Unless otherwise noted, nonbanking option to acquire 19.9 percent of Star extending credit and servicing loans, activities will be conducted throughout Banc Corporation. pursuant to § 225.28(b)(1) of Regulation the United States. Star Banc Corporation, Cincinnati, Y. Unless otherwise noted, comments Ohio, also has applied to acquire 19.9 Board of Governors of the Federal Reserve regarding each of these applications percent of the voting shares of Firstar System, August 19, 1998.
  • U.S. Bancorp (USB)

    U.S. Bancorp (USB)

    Strategic Report for U.S. Bancorp Ah Sung Yang Karen Bonner Andrew Dialynas April 14, 2010 US Bancorp Table of Contents Executive Summary ....................................................................................................... 3 Company Overview ........................................................................................................ 5 Company History ................................................................................................... 5 Business Model ..................................................................................................... 8 Competitive analysis .................................................................................................... 10 Industry Overview ................................................................................................ 10 Porter’s Five Forces Analysis .............................................................................. 11 Competitive Rivalry......................................................................................... 11 Entry and Exit ................................................................................................. 12 Supplier Power ............................................................................................... 13 Buyer power ................................................................................................... 14 Substitutes and Complements ........................................................................ 15 Financial Analysis .......................................................................................................
  • Small and Micro Business Lending For

    Small and Micro Business Lending For

    SBA Office of Advocacy SBA Office Small Business and Micro Business Lending in the United States for Data Years 2005-2006 Business Lending in the United States for Data Years Small Business and Micro Small Business and Micro Business Lending in the United States, for Data Years 2006-2007 June 2008 Created by Congress in 1976, the Office of Advocacy of the U.S. Small Business Administration (SBA) is an independent voice for small business within the federal govern- ment. Appointed by the President and confirmed by the U.S. Senate, the Chief Counsel for Advocacy directs the office. The Chief Counsel advances the views, concerns, and interests of small business before Congress, the White House, federal agencies, federal courts, and state policy makers. Economic research, policy analyses, and small business outreach help identify issues of concern. Regional Advocates and an office in Washington, DC, support the Chief Counsel’s efforts. For more information on the Office of Advocacy, visit http://www.sba.gov/advo or call (202) 205-6533. Receive email notices of new Office of Advocacy information by signing up on Advocacy’s Listservs at http://web.sba.gov/list ; ADVOCACY NEWSLETTER ; ADVOCACY PRESS ; ADVOCACY REGULATORY NEWS ; ADVOCACY RESEARCH June 2008 No. 327 Small Business and Micro Business Lending in the United States for Data Years 2006-2007 by Victoria Williams and Charles Ou, U.S. Small Business Administration, Office of Advocacy, Office of Economic Research, 2008. 124 pages. Introduction Overall Findings Annually, the Office of Advocacy prepares a The pace of borrowing and lending in the small study on institutional lending to small firms.
  • UNITED STATES SECURITIES and EXCHANGE COMMISSION Washington, D.C

    UNITED STATES SECURITIES and EXCHANGE COMMISSION Washington, D.C

    UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 Edison International (Name of Issuer) Common Stock (Title of Class of Securities) 281020107 (CUSIP Number) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). 13G CUSIP NO. 281020107 1) NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Wells Fargo & Company (formerly known as Norwest Corporation)* 2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] 3) SEC USE ONLY 4) CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF (5) SOLE VOTING POWER SHARES 1,465,775 BENEFICIALLY (6) SHARED VOTING POWER OWNED BY 29,049,577 EACH (7) SOLE DISPOSITIVE POWER REPORTING 166,802 PERSON (8) SHARED DISPOSITIVE POWER WITH 30,502,622 9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 30,686,544 10) CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES 11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 8.7% 12) TYPE OF REPORTING PERSON HC _____________ * On November 2, 1998, Wells Fargo & Company merged into WFC Holdings Corporation, a wholly-owned subsidiary of Norwest Corporation.
  • Comptroller of the Currency Administrator of National Banks Midwestern District 2345 Grand Avenue, Suite 700 Kansas City, Missou

    Comptroller of the Currency Administrator of National Banks Midwestern District 2345 Grand Avenue, Suite 700 Kansas City, Missou

    Comptroller of the Currency Administrator of National Banks Midwestern District 2345 Grand Avenue, Suite 700 Kansas City, Missouri 64108 GENERAL INFORMATION This document is an evaluation of the Community Reinvestment Act (CRA) performance of Norwest Bank Iowa, National Association, Des Moines, Iowa prepared by the Office of the Comptroller of the Currency (OCC), the institution's supervisory agency. The evaluation represents the OCC's current assessment and rating of the institution's CRA performance based on an examination conducted as of July 25, 1996. It does not reflect any CRA-related activities that may have been initiated or discontinued by the institution after the completion of the examination. The purpose of the Community Reinvestment Act of 1977 (12 U.S.C. 2901), as amended, is to encourage each financial institution to help meet the credit needs of the communities in which it operates. The Act requires that in connection with its examination of a financial institution, each federal financial supervisory agency shall (1) assess the institution's record of helping to meet the credit needs of its entire community, including LMI neighborhoods, consistent with safe and sound operations of the institution, and (2) take that record of performance into account when deciding whether to approve an application of the institution for a deposit facility. The Financial Institutions Reform, Recovery and Enforcement Act of 1989, Pub. L. No. 101- 73, amended the CRA to require the Agencies to make public certain portions of their CRA performance assessments of financial institutions. Basis for the Rating The assessment of the institution's record takes into account its financial capacity and size, legal impediments and local economic conditions and demographics, including the competitive environment in which it operates.
  • Staff Study 174

    Staff Study 174

    Board of Governors of the Federal Reserve System Staff Study 174 Bank Mergers and Banking Structure in the United States, 1980–98 Stephen A. Rhoades August 2000 The following list includes all the staff studies published 171. The Cost of Bank Regulation: A Review of the Evidence, since November 1995. Single copies are available free of by Gregory Elliehausen. April 1998. 35 pp. charge from Publications Services, Board of Governors of 172. Using Subordinated Debt as an Instrument of Market the Federal Reserve System, Washington, DC 20551. To be Discipline, by Federal Reserve System Study Group on added to the mailing list or to obtain a list of earlier staff Subordinated Notes and Debentures. December 1999. studies, please contact Publications Services. 69 pp. 168. The Economics of the Private Equity Market, by 173. Improving Public Disclosure in Banking, by Federal George W. Fenn, Nellie Liang, and Stephen Prowse. Reserve System Study Group on Disclosure. November 1995. 69 pp. March 2000. 35 pp. 169. Bank Mergers and Industrywide Structure, 1980–94, 174. Bank Mergers and Banking Structure in the United States, by Stephen A. Rhoades. January 1996. 29 pp. 1980–98, by Stephen A. Rhoades. August 2000. 33 pp. 170. The Cost of Implementing Consumer Financial Regula- tions: An Analysis of Experience with the Truth in Savings Act, by Gregory Elliehausen and Barbara R. Lowrey. December 1997. 17 pp. The staff members of the Board of Governors of the The following paper is summarized in the Bulletin Federal Reserve System and of the Federal Reserve Banks for September 2000. The analyses and conclusions set forth undertake studies that cover a wide range of economic and are those of the author and do not necessarily indicate financial subjects.